$1,698,000
4 Michigan Drive, Toronto, ON M2M 3J1
Newtonbrook East · C14
Listing courtesy of REAL BROKER ONTARIO LTD.
Newtonbrook East · C14 · M2M 3Y4
$1,558,000
$1,039 / sq ft2 months on market
Lots of opportunities, Investment property, Excellent Income, Can be used as commercial/business in comply with Zoning by-law. This property features 4 self-contained units (two 2-bedroom and two 1-bedroom units) and 6 parking spaces. An excellent opportunity for an investor, owner-occupier, or professional looking for a property with multiple income streams and potential for a home-based or professional office use, offering potential positive cash flow and an attractive investment profile. Prime location on a major arterial road with excellent visibility and accessibility. Steps to the future Yonge/Steeles Subway Station, and close to Centerpoint Mall, grocery stores, restaurants, schools, public transit and other amenities. Recent upgrades include mostly new kitchen appliances, A/C (2023), heat pumps (2026), south roof section (2025), and north roof section (2020). Perfect for home office, rental/investment, health professional office, daycare and other permitted uses.
6 rooms. Dimensions as published by the listing brokerage.
| Room | Level | Dimensions | Features |
|---|---|---|---|
| Bedroom 2 | Ground | 3.40 × 3.20 m11.2 × 10.5 ft | Hardwood Floor · W/O To Garage |
| Kitchen | Ground | 3.94 × 2.60 m12.9 × 8.5 ft | Ceramic Floor · Backsplash |
| Bedroom 3 | Ground | — | — |
| Primary Bedroom | Ground | 5.21 × 3.20 m17.1 × 10.5 ft | Hardwood Floor |
| Bedroom 4 | Basement | — | Laminate |
| Bedroom 5 | Basement | — | Laminate |
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced in line with comparable listings — about 41% of comparable detached listings in Newtonbrook East are asking less.
Based on 44 comparable active detached listings in Newtonbrook East. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $1,558,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of AIMHOME REALTY INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
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$1,698,000
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Listing courtesy of REAL BROKER ONTARIO LTD.
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